Accounting Manager, Consolidations

CoStar Group; Arlington (VA); On-site; USD 100,000 - 150,000; Full time

Benefits offered by this job

Comprehensive healthcare coverage

401(K) retirement plan with matching contributions

Paid time off

On-site fitness center

Tuition reimbursement

Job summary

A leading global real estate information provider seeks an Accounting Manager, Consolidations in Arlington, VA. The role involves managing the financial consolidation process and ensuring GAAP compliance while working closely with external auditors. Candidates should have significant experience in financial management and strong communication skills, situated within a collaborative environment at CoStar Group.

Qualifications

• 8+ years of experience or 5+ years with a Master's degree in accounting
• Experience in a large international public company
• Strong research and analytical skills

Responsibilities

• Manage the monthly, quarterly, and annual financial consolidation process.
• Prepare and review consolidated financial statements in compliance with GAAP.
• Collaborate with external auditors during annual audits.

Skills

GAAP

Project Management

Time Management

Organizational Skills

Communication

Education

Bachelor's degree in Accounting or Finance

Master's degree (preferred)

Tools

Oracle Cloud ERP

Job description

3 weeks ago Be among the first 25 applicants

CoStar Group (NASDAQ: CSGP) is a leading global provider of commercial and residential real estate information, analytics, and online marketplaces. Included in the S&P 500 Index and the NASDAQ 100, CoStar Group is on a mission to digitize the world’s real estate, empowering all people to discover properties, insights and connections that improve their businesses and lives.

We have been living and breathing the world of real estate information and online marketplaces for over 35 years, giving us the perspective to create truly unique and valuable offerings to our customers. We’ve continually refined, transformed and perfected our approach to our business, creating a language that has become standard in our industry, for our customers, and even our competitors. We continue that effort today and are always working to improve and drive innovation. This is how we deliver for our customers, our employees, and investors. By equipping the brightest minds with the best resources available, we provide an invaluable edge in real estate.

Role Description:

The Accounting Manager, Consolidations will be responsible for supporting the Global monthly close process, including ensuring proper consolidation of financial statements and elimination of intercompany balances. This role involves ensuring compliance with accounting standards. Review and analyze intercompany transactions, reconciliations, and eliminations. Closely collaborate with Financial Reporting and Analysis team to prepare and analyze consolidated financial statements and reports, including balance sheets and income statements. This position will work directly with external auditors in facilitating the quarterly reviews and year-end audits as well as assisting in the implementation of an accounting Enterprise Resource Planning (ERP) system.

Other responsibilities for this position may include (i) assisting in due diligence and purchase accounting procedures for acquisitions, (ii) assisting in the research of technical accounting matters, and (iii) preparation of technical accounting memos on issues relevant to CoStar.

The Accounting Manager, Consolidations should have an in-depth knowledge of Generally Accepted Accounting Principles (“GAAP”), strong project management, time management and organizational skills; strong work ethic; strong ability to research, assess the impact and document technical accounting issues; and the ability to work independently and collaboratively. The Accounting Manager should also be highly adaptable to change due to CoStar’s rapid growth via organic growth and acquisitions.

This position is located in Arlington, VA and requires to be in the office 5 days a week.

Responsibilities:

• Monthly, quarterly, and annual financial consolidation process for multiple subsidiaries and business units.

• Ensure timely and accurate preparation of consolidated financial statements in compliance with GAAP and company policies.

• Review and analyze intercompany transactions, reconciliations, and eliminations.

• Prepare and analyze consolidated financial statements and reports, including balance sheets and income statements flux analysis.

• Develop and implementing strategies to optimize the intercompany process.

• Work with external auditors and facilitate successful completion of the annual audit including compliance with internal controls.

Basic Qualifications:

• Bachelors degree in Accounting or Finance or related from an accredited, not-for-profit University or College.

• A track record of commitment to prior employers.

• 8 years of experience and Bachelors degree, or 5 years experience and Masters degree, or similar blend of equivalent experience, education, and accounting credentials.

• Experience working in a large international public company with primary experience involved in GL close functions.

Preferred Qualifications:

• Strong leadership, project management, and communication skills.

• Ability to think critically and analyze data effectively.

• Ability to work effectively leading and within a team to complete projects.

• Experience with Oracle Cloud ERP.

• Experience working in a Big 4 or other regional public accounting firm.

What’s in it for you?

When you join CoStar Group, you’ll experience a collaborative and innovative culture working alongside the best and brightest to empower our people and customers to succeed.

We offer you generous compensation and performance-based incentives. CoStar Group also invests in your professional and academic growth with internal training, tuition reimbursement, and an inter-office exchange program.

Our benefits package includes (but is not limited to):

• Comprehensive healthcare coverage: Medical / Vision / Dental / Prescription Drug

• Life, legal, and supplementary insurance

• Virtual and in-person mental health counseling services for individuals and family

• Commuter and parking benefits

• 401(K) retirement plan with matching contributions

• Paid time off

• On-site fitness center and/or reimbursed fitness center membership costs (location dependent)

• Access to CoStar Group’s Diversity, Equity, & Inclusion Employee Resource Groups

• Complimentary gourmet coffee, tea, hot chocolate, fresh fruit, and other healthy snacks

We welcome all qualified candidates who are currently eligible to work full-time in the United States to apply. However, please note that CoStar Group is not able to provide visa sponsorship for this position.

CoStar Group is an Equal Employment Opportunity Employer; we maintain a drug-free workplace and perform pre-employment substance abuse testing

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Accounting/Auditing, Information Technology, and General Business

• Industries

  Technology, Information and Media, Software Development, and Real Estate

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